(Reuters) -The U.S. antitrust regulator is planning to file a suit targeting Amazon.com’s core online marketplace in the coming weeks, Bloomberg News reported on Thursday, citing documents and people familiar with the matter. The main allegation by the U.S. Federal Trade Commission (FTC) is expected to be that Amazon uses its power to reward those online merchants…
By Brenda Goh SHANGHAI (Reuters) -Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and acting CEO of memory chipmaker Yangtze Memory Technologies (YMTC) said on Thursday. Chen Nanxiang said in a speech at the opening ceremony of the Semicon…
By Kanishka Singh WASHINGTON (Reuters) -Over half of Americans surveyed in the last year reported facing online harassment and hate during their lifetime, including more than 75% of transgender responders, advocacy group Anti-Defamation League (ADL) said on Wednesday. ADL’s fifth such annual survey showed that reports of online hate and harassment over the last 12…
By Stephen Nellis and Karen Freifeld (Reuters) – U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down on the amount of computing power the chips can have, according to two people familiar with the matter. The Biden administration last October issued…
MILAN (Reuters) -More than three-quarters of the population in Lombardy, Italy’s largest and most industrialized region, banked online last year, compared with the national average of 63%, the Bank of Italy said on Wednesday. Digital banking in Lombardy has grown 20 percentage points since 2015, the central bank said in a report on the region’s…
TOKYO (Reuters) – Japanese automaker Toyota Motor on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth at home and other key markets on a recovery in the supply of chips and other parts. The company sold 838,478 vehicles globally last month, including its luxury car brand…
By Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a piece of software called MOVEit Transfer, a source at HHS said on Wednesday. “While no HHS systems or networks were compromised, attackers gained access to data by exploiting the vulnerability…
(Reuters) – Twitter’s new chief executive, Linda Yaccarino, is working on a slew of measures to bring back advertisers who left the platform under Elon Musk’s ownership, including introducing a video ads service, pursuing more celebrities and raising headcount, the Financial Times (FT) reported on Wednesday. Yaccarino, who started as CEO on June 5, is…
By Katherine Masters NEW YORK (Reuters) – Republican leaders of two House committees are requesting United States Postal Service data on retailers’ goods shipped from China under an exemption in U.S. trade law that excludes some packages worth $800 or less from tariffs. The exemption, known as the de minimis rule, has earned growing scrutiny…
By Casey Hall SHANGHAI (Reuters) – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the e-commerce boom in the world’s second biggest economy, it launched without deep discounts or a celebrity host to pull millions of viewers. Yet Apple’s show, hosted by product experts offering tips on making movies with…
